Tesco PLC
14 June 2024
Tesco PLC - Results of AGM
Tesco PLC held its Annual General
Meeting on Friday 14 June 2024 at 11:30 a.m. All resolutions
proposed were passed by shareholders. A
poll was held on each of the resolutions
proposed. The results of the
polls are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
VOTES
FOR
|
%
|
VOTES
AGAINST
|
%
|
TOTAL
VOTES VALIDLY CAST
|
% ISSUED
SHARE CAPITAL
|
VOTES
WITHHELD
|
|
1
|
To receive the report and
accounts
|
5,024,716,360
|
99.99
|
680,883
|
0.01
|
5,025,397,243
|
72.29%
|
5,105,970
|
|
2
|
To approve the Directors'
remuneration report
|
4,584,100,614
|
93.49
|
319,305,825
|
6.51
|
4,903,406,439
|
70.54%
|
127,096,428
|
|
3
|
To declare a final
dividend
|
5,029,423,114
|
100.00
|
158,758
|
0.00
|
5,029,581,872
|
72.35%
|
921,341
|
|
4
|
To elect Dame Carolyn Fairbairn as a
Director
|
5,028,360,609
|
99.99
|
728,705
|
0.01
|
5,029,089,314
|
72.35%
|
1,413,943
|
|
5
|
To elect Dr Gerry Murphy as a
Director
|
4,953,938,201
|
98.50
|
75,196,781
|
1.50
|
5,029,134,982
|
72.35%
|
1,368,231
|
|
6
|
To re-elect Melissa Bethell as a
Director
|
4,925,967,147
|
97.95
|
103,194,278
|
2.05
|
5,029,161,425
|
72.35%
|
1,341,788
|
|
7
|
To re-elect Bertrand Bodson as a
Director
|
4,955,342,256
|
98.53
|
73,834,626
|
1.47
|
5,029,176,882
|
72.35%
|
1,326,331
|
|
8
|
To re-elect Thierry Garnier as a
Director
|
4,941,415,789
|
98.26
|
87,738,903
|
1.74
|
5,029,154,692
|
72.35%
|
1,348,490
|
|
9
|
To re-elect Stewart Gilliland as a
Director
|
4,888,164,155
|
97.19
|
141,522,449
|
2.81
|
5,029,686,604
|
72.35%
|
814,504
|
|
10
|
To re-elect Ken Murphy as a
Director
|
5,026,515,922
|
99.94
|
3,261,573
|
0.06
|
5,029,777,495
|
72.36%
|
726,877
|
|
11
|
To re-elect Imran Nawaz as a
Director
|
5,013,984,626
|
99.70
|
15,145,822
|
0.30
|
5,029,130,448
|
72.35%
|
1,372,762
|
|
12
|
To re-elect Alison Platt as a
Director
|
4,874,110,032
|
96.92
|
154,957,080
|
3.08
|
5,029,067,112
|
72.35%
|
1,435,236
|
|
13
|
To re-elect Caroline Silver as a
Director
|
4,943,771,253
|
98.30
|
85,408,515
|
1.70
|
5,029,179,768
|
72.35%
|
1,321,441
|
|
14
|
To re-elect Karen Whitworth as a
Director
|
4,902,598,357
|
97.48
|
126,573,318
|
2.52
|
5,029,171,675
|
72.35%
|
1,331,538
|
|
15
|
To reappoint the auditor
|
4,967,699,581
|
99.85
|
7,680,789
|
0.15
|
4,975,380,370
|
71.57%
|
55,122,840
|
|
16
|
To authorise the Audit Committee to
set the auditor's remuneration
|
5,022,759,890
|
99.87
|
6,428,126
|
0.13
|
5,029,188,016
|
72.35%
|
1,311,450
|
|
17
|
To authorise political donations by
the Company and its subsidiaries
|
4,625,474,110
|
97.41
|
122,968,590
|
2.59
|
4,748,442,700
|
68.31%
|
282,060,292
|
|
18
|
To authorise the Directors to allot
shares
|
4,531,082,338
|
91.07
|
444,279,014
|
8.93
|
4,975,361,352
|
71.57%
|
55,141,858
|
|
19
|
To authorise the Directors to
disapply pre-emption rights*
|
4,529,051,400
|
90.06
|
499,917,330
|
9.94
|
5,028,968,730
|
72.34%
|
1,532,431
|
|
20
|
To authorise the Directors to
disapply pre-emption rights for acquisitions and other capital
investment*
|
4,417,129,198
|
87.92
|
607,057,983
|
12.08
|
5,024,187,181
|
72.28%
|
6,316,029
|
|
21
|
To authorise the Company to purchase
its own shares*
|
4,966,296,884
|
98.79
|
60,729,963
|
1.21
|
5,027,026,847
|
72.32%
|
3,476,363
|
|
22
|
To authorise a 14 day notice period
for general meetings*
|
4,709,089,737
|
93.66
|
318,586,123
|
6.34
|
5,027,675,860
|
72.33%
|
2,813,338
|
*Special resolutions
Notes
Results of the poll can also be
viewed on the Company's website:
https://www.tescoplc.com/investors/shareholder-centre/shareholder-meetings/
Please note a 'vote withheld' is not
a vote under English law and is not counted
in the calculation of votes 'for' and 'against' a
resolution.
The total number of ordinary shares
available for voting on 13 June 2024 at 6.30pm was 6,947,288,713.
Shareholders are entitled to one vote per share.
In accordance with Listing Rule 9.6.2
copies of the resolutions (other than those relating to ordinary
business) will be submitted to the FCA National Storage Mechanism
and will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries:
Group Company
Secretary Robert
Welch +44 (0) 7793 222569
Tesco PLC
Tesco House
Shire Park
Kestrel Way
Welwyn Garden City
Hertfordshire
AL7 1GA
LEI Number:
2138002P5RNKC5W2JZ46